This graph lists the stated Federal Funds rate, as released by the Federal Reserve.
Last change to this rate: 03/21/18
Click here to find out how it may affect you.
Does the Federal Funds rate affect mortgage rates? Click here to find out.
 |
HSH grants permission to utilize this graph,
providing that the graph and its contents are not altered in any way.
Until December 2008, the Federal Reserve set an explicit target rate for the Federal Funds. Since that time, the central bank has instead expressed a target range for the overnight intrabank lending rate. Post-2008 data shown here is the top value for the target range.
Click here for a list of indexes for Adjustable Rate Mortgages.
Here are the figures from which the graph was derived.
| Date | Change (Basis Points) Increase Decrease | Level or Max Rate (Percent) | |
| 2018 March 21 | 25 | ... | 1.75 |
| 2017 December 13 June 14 March 15 | 25 25 25 | ... ... ... | 1.50 1.25 1.00 |
| 2016 December 14 | 25 | ... | 0.75 |
| 2015 December 16 | 25 | ... | 0.50 |
| 2008 October 29 October 8 September 16 August 5 June 25 April 30 March 18 January 30 January 22 | ... ... ... ... ... ... ... ... ... ... | 75 50 50 ... ... ... 25 75 50 75 | 0.25 1.00 1.50 2.00 2.00 2.00 2.00 2.25 3.00 3.50 |
| 2007 December 11 October 31 September 18 August 7 June 28 May 9 March 21 January 31 | ... ... ... ... ... ... ... ... | 25 25 50 ... ... ... ... ... | 4.25 4.50 4.75 5.25 5.25 5.25 5.25 5.25 |
| 2006 December 12 October 25 September 20 August 8 June 29 May 10 March 28 January 31 | ... ... ... ... 25 25 25 25 | ... ... ... ... ... ... ... ... | 5.25 5.25 5.25 5.25 5.25 5.00 4.75 4.50 |
| 2005 December 13 November 1 September 20 August 9 June 30 May 3 March 22 February 2 | 25 25 25 25 25 25 25 25 | ... ... ... ... ... ... ... ... | 4.25 4.00 3.75 3.50 3.25 3.00 2.75 2.50 |
| 2004 December 14 November 11 September 21 August 11 June 30 | 25 25 25 25 25 | ... ... ... ... ... | 2.25 2.00 1.75 1.50 1.25 |
| 2003 June 25 | ... | 25 | 1.00 |
| 2002 November 6 | ... | 50 | 1.25 |
'
